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Travelers Cheques
Features
- Issued in major currencies- USD, GBP
- Issued in various denominations e.g $20, $50,$100,$500 AND $1000
- Issued by all major Financial Institutions
- Easy encashment in banks, hotels, established shops and restaurants
- Signed when purchasing and countersigned in the presence of paying officer when encashing
- Some merchants might seek proof of identity when encashing
- Issuer will replace or refund the face value if lost, destroyed or stolen in compliance with terms and conditions of sale agreement advice
Benefits
- Convenient and easy to carry
- Travelers have a variety of currencies to chose from
- Cheque is as good as cash
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